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The stock market liked that news: |
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Via STAT News's Adam Feurstein and Matthew Herper, an experimental antiviral medicine given to patients in Chicago has resulted in a drop in fever and respiratory symptoms in almost all of the patients who took the drug. https://bit.ly/2XKac5a The drug: Remdesivir from Gilead Sciences, Inc. The size of the study: "University of Chicago Medicine recruited 125 people with Covid-19 into Gilead's two Phase 3 clinical trials. Of those people, 113 had severe disease. All the patients have been treated with daily infusions of remdesivir." From the infectious disease specialist who is overseeing the study: "The best news is that most of our patients have already been discharged, which is great. We've only had two patients perish." The full story: https://bit.ly/2XKac5a |
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| REACTION -- THE STOCK MARKET ROSE THIS MORNING: |
| The market jumped this morning following the report of success in treating coronavirus patients with an experimental antiviral drug. https://bit.ly/2XIHJNd The numbers this morning: "The Dow Jones Industrial Average was up 550 points, or 2.3 percent, while the S&P 500 rose 52 points, or 1.8 percent." |
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| Happy Friday! I'm Cate Martel with a quick recap of the morning and what's coming up. Send comments, story ideas and events for our radar to cmartel@thehill.com -- and follow along on Twitter @CateMartel and Facebook. Did someone forward this to you? Want your own copy? Sign up here to receive The Hill's 12:30 Report in your inbox daily: http://bit.ly/2kjMNnn |
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Yesterday -- Ok, ok, I follow: |
| President Trump told governors yesterday to call their own shots with regards to opening states. https://cnn.it/2Kafu23 In Trump's words: "You are going to call your own shots," Trump reportedly said, according to CNN. "I've gotten to know almost all of you, most of you I've known and some very well. You are all very capable people, I think in all cases, very capable people. And you're going to be calling your shots." |
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And then today -- Oh...: |
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| NEXT STEPS IN REOPENING THE ECONOMY | |
The new normal: |
| Via The Hill's Brett Samuels, Morgan Chalfant and Reid Wilson, President Trump unveiled a three-phase plan yesterday to reopen parts of the U.S. economy, but is allowing governors to use those guidelines to make their own decisions. https://bit.ly/3anupRf The gist of the plan: It recommends that states see a reduction in coronavirus cases and flu-like symptoms before starting to ease restrictions. This ensures hospitals will be able to treat all patients without crisis care. Keep in mind: A robust COVID-19 testing system is necessary for this plan. Read the full 18-page plan from the White House: https://bit.ly/3esnrxn |
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| BREAKDOWN OF THE THREE PHASES: |
| Phase One: "The first phase largely urges existing measures to remain in place while allowing certain businesses, such as gyms, to reopen if social distancing is possible." Phase Two: "The second phase makes recommendations for states and regions with no evidence of a rebound of COVID-19 and that have twice satisfied the initial criteria on cases, hospitals and testing. It urges all vulnerable individuals to shelter in place and encourages others to exercise social distancing in public. In this phase, officials also say that nonessential travel can resume, schools can reopen, and large venues, gyms and bars can operate with social distancing steps in place. Officials recommend that businesses continue to encourage telework when possible and to close common areas where staff may congregate." Phase Three: "The third phase, which is recommended only for states that have shown no signs of a spike in cases after restrictions are lifted and have satisfied the initial criteria a third time, allows public interactions and visits to nursing homes to resume and lets bars and restaurants expand their capacity. The third phase still encourages individuals to socially distance when possible and limit their time in large gatherings, while allowing employers to resume unrestricted staffing in the workplace." |
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| REACTION FROM SENATE MINORITY LEADER CHARLES SCHUMER (D-N.Y.): |
| Schumer said on MSNBC's "Morning Joe": "The plan is a little more measured than what the president said in the past, which is good but there's a key thing missing in all this ... If we don't have a strong, adequate testing regime, we're going to have real trouble," he added. "You have to know who has the illness, who's immune from the illness and who could get the illness before we can determine who can go back to work and who can't." https://bit.ly/2VjgJlY |
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| HOW THE PUBLIC MAY BE MORE CAUTIOUS THAN TRUMP ON REOPENING: |
| Via The Hill's Niall Stanage: https://bit.ly/3colbp2 |
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Tidbit -- want to take a peek at Vice President Pence's notes?: |
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Zoom in on the full-size photo: https://bit.ly/2VfAeLT |
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| Cases in the U.S.: 672,293
Deaths in the U.S.: 33,325
Breakdown of the numbers: https://cnn.it/2UAgW3y
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| THURSDAY MARKED A RECORD FOR US CORONAVIRUS DEATHS IN A SINGLE DAY: |
| Yesterday, 4,591 died from COVID-19. Details from The Wall Street Journal: https://on.wsj.com/3bnJrYw |
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| CASES IN THE DMV DOUBLED: |
| The number of coronavirus cases in Washington, D.C., Maryland and Virginia has doubled to 20,000 in one week. https://bit.ly/3ahZgOW |
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| WUHAN ADDS 1,300 DEATHS TO ITS TOLL: |
| Via NBC's Linda Givetash, Leou Chen and Dawn Liu, "Nearly 1,300 people who died of the coronavirus in the Chinese city of Wuhan, where the virus was first detected, were not counted in death tolls, state media announced Friday. Officials increased the number of coronavirus deaths by 1,290, bringing the city's total to 3,869." https://nbcnews.to/2KabcHZ |
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| TIDBIT -- FRESH PRODUCE IS GOING TO WASTE: |
| Via The Hill's Alex Gangitano, "farmers are finding it difficult to sell their products and distributors are struggling to redirect food quickly with restaurants, schools and offices closed. News reports in recent days have been rife with stories about farmers leaving produce to rot in the fields, even as Americans see empty shelves at grocery stores and food banks say they are overwhelmed by requests for assistance." The full story: https://bit.ly/2XFK2k9 |
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| LATEST WITH CORONAVIRUS RELIEF | |
No pressure, IRS, but everyone is looking at you: |
| Via The Hill's Naomi Jagoda, millions of people are still waiting for the coronavirus rebates, creating a challenge for the IRS. https://bit.ly/3evxSQQ Breakdown of who has received payments and who has not: "Treasury Secretary Steven Mnuchin said Wednesday that more than 80 million Americans have already received their payments via direct deposit. But millions of people who haven't previously given the IRS their bank information, or who may not typically file tax returns, are still waiting." Some of the challenges for reaching everyone: "Challenges include ensuring that low-income people get their payments and addressing the concerns of taxpayers who are struggling to use IRS web tools or who say they have not yet received their payments or received incorrect payment amounts." |
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Joe Biden's getting a lot of advice: |
| Via The Hill's Amie Parnes, "Joe Biden is being advised by some Democrats to select a running mate with strong economic credentials as the country faces a steep climb out of a coronavirus-fueled recession, according to sources close to the campaign." https://bit.ly/3aiRUL9 What names? *Whisper, whis-Sen. Elizabeth Warren (Mass.) or Michigan Gov. Gretchen Whitmer-per, whisper* The plus for Warren: "Warren's area of expertise is the economy; the former Harvard professor first became a national name in politics as the chair of the oversight panel for the federal bailout program from 2008 -- the last time the country went through a recession." The plus for Whitmer: "Whitmer is now leading her state through the coronavirus pandemic, which has shuttered businesses and led to 22 million new filings for unemployment." |
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| TIDBIT -- BIDEN IS ASSEMBLING A TRANSITION TEAM: |
| Via The Hill's Jonathan Easley: https://bit.ly/2Kc9LIZ |
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Lol: |
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Tidbit in the House: |
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| The House and Senate are out. President Trump and Vice President Pence are in Washington, D.C. 1 p.m. EDT: Vice President Pence speaks with Senate Democrats. 2 p.m. EDT: President Trump receives an intelligence briefing. 3 p.m. EDT: Vice President Pence leads a White House Coronavirus Task Force meeting in the Situation Room. 4 p.m. EDT: President Trump speaks with faith leaders. Saturday: Vice President Pence will travel to Colorado for the Air Force Academy's in-person graduation. Details: https://bit.ly/34JFhY9 |
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| 10 a.m. EDT: Florida Gov. Ron DeSantis (R) gave an update on his state's coronavirus response. Livestream: https://cs.pn/2XKq5sy 11 a.m. EDT: New York Gov. Andrew Cuomo (D) gave an update on his state's coronavirus response. Livestream: https://bit.ly/2VhUsVB 5 p.m. EDT: The White House Coronavirus Task Force holds a press briefing. Livestream: https://bit.ly/2XEeL10 Sunday: Speaker Nancy Pelosi (D-Calif.) will appear on "Fox News Sunday" for the first time since 2017. https://bit.ly/3euclYL |
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| Today is National Cheeseball Day. And for weekend planning purposes, tomorrow is National Animal Crackers Day and Sunday is National Rice Ball Day. |
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| And to get your weekend off to a good start, here's a cat enjoying its own carnival: https://bit.ly/2wNyYqb |
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